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Technology Stocks : Softbank Investment International (HK0648)

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To: high.hopes who wrote (161)2/21/2000 5:47:00 AM
From: Labrador   of 615
 
Adding to the market's losses were Cheung Wah Development Co Ltd and Leading Spirit High-Tech (Holdings) Co Ltd .

Cheung Wah, the most actively traded stock, dropped HK$0.65 to HK$13.60. The company said on Monday its directors had agreed to place 100 million existing shares they held with institutional investors at HK$13.55 each, a discount to the closing price of HK$14.25 on Thursday.
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